Québec shipbuilder Davie Yards announced today that it has entered into an exclusivity agreement with Fincantieri and DRS Technologies Canada (“DRS”), a Finmeccanica company, to negotiate the potential acquisition of the shipyard
Huntington Ingalls Industries, Inc. (NYSE:HII) has begun operating as a new, independent and publicly traded company as trading of its shares commenced this morning. Huntington Ingalls Industries, America’s largest military shipbuilder, was
Morgan City, La., headquartered shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) today announced its fourth quarter and twelve months 2010 results and the addition of $75.2 million in new business during
Detyens Shipyards, Inc., North Charleston, S.C., is being awarded a $7,325,687 firm-fixed-price contract for a 55-calendar-day regular overhaul of Military Sealift Command dry cargo/ammunition ship USNS Lewis and Clark. This regular overhaul
Shipbuilder Austal USA, Mobile, Ala., is being awarded a $368,592,125 modification to previously awarded contract (N00024-11-C-2301) to contractually authorize fiscal 2011 Littoral Combat Ship (LCS) construction. Work will be performed in Mobile,
Will Royal Caribbean Cruises’ latest newbuildings incorporate solar power? That’s an intriguing question given that the Miami-based cruiseship operator recently signed a letter of intent (LOI) with Germany’s Meyer Werft to build
Detyens Shipyards, Inc., North Charleston, S.C., is being awarded a $6,426,434 firm-fixed-price contract for a 55-calendar day regular overhaul of Military Sealift Command’s fleet replenishment oiler USNS Leroy Grumman. This regular overhaul
In a conference call with investors today, Royal Caribbean Chariman and CEO Richard Fain said that the company may be ready to look to building a new cruise ship. “We feel time
The Lockheed Martin-led industry team launched the third Littoral Combat Ship (LCS), Fort Worth, at the Marinette Marine shipyard in Wisconsin on Saurday. Just prior to the launch of the 389 ft
The National Shipbuilding Research Program (NSRP) says its Executive Control Board has selected 13 new research and development projects for awards totaling approximately $1.3 million. The projects will come under the umbrella